FRANK R KELLY is currently employed as a Broker and/or Investment Adviser at MORGAN STANLEY located at 58 SOUTH SERVICE ROAD, SUITE 400, MELVILLE, NY, 11747.
FRANK R KELLY has worked at MORGAN STANLEY since June 01, 2009
Disclosure History
FRANK R KELLY has 2 Disclosure Event(s).
Date: April 08, 2002 Category: Customer Dispute Allegations: NEGLIGENCE, WRONGFUL USE OF MARGIN, UNSUITABLE RECOMMENDATIONS, IMPROPER BORROWING OF FUNDS FROM CLIENT (FROM ANOTHER CUSTOMER NOT BY BROKER) AND FAILURE TO SUPERVISE. Damage Amount Requested: $100,000.00 Settlement Amount: $12,000.00 Broker Comment: WITHOUT ADMITTING ANY LIABILITY, IN ORDER TO AVOID THE COSTS, DELAY AND UNCERTAINTY ASSOCIATED WITH POTENTIAL ARBITRATION, THE FIRM SETTLED THIS MATTER.
Date: September 10, 1999 Category: Customer Dispute Allegations: CUSTOMER ALLEGES SUITABILITY, BREACH OF FIDUCIARY DUTY,BREACH OF CONTRACT, NEGLIGENCE, EXCESSIVE TRADING AND FRAUD CLAIMS IN CONNECTION WITH TRANSACTIONS IN 1992 - 1996. Damage Amount Requested: $57,000.00 Settlement Amount: $9,900.00 Broker Comment: MR. KELLY DENIES THE ALLEGATIONS. THIS MATTER WAS SETTLED TO AVOID THE COST, TIME AND INCONVENIENCE OF ATTENDING A HEARING.
More Information
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